Rose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

I thank Professor Kinsella for his presentation. I found it most interesting and I would agree with most of it, looking at the timeline of the Norwegian model and what they learned along the way. There is no need for us to reinvent the wheel in some instances because Norway has had a couple of decades since 1998. Unfortunately, we gave away our oil and gas, otherwise we could have had the same experience here. I agree with what Professor Kinsella said about the different sources of revenue, particularly if we do the renewable energy sector properly. Coming from Mayo and the west, I see the potential in the western economic corridor for how we can do that. We have opportunities.

When Professor Kinsella says most sovereign wealth funds have limits regarding percentage allocations that can be put towards single-name equities, what is his view of the current approach of the national reserve fund being completely invested in Irish debt in the form of Exchequer notes?